1. 1 MONTHLY REPORT November, 2010 November, 2010 Planning Division David Liu November. 2010 November. 2010

2. 2 Market News Business News 1. State Bank pour more capital into interbank system The State Bank of Viet Nam announced it would inject additional capital with longer terms into the interbank open market system.  The pronouncement immediately helped lower interbank rates from 21-22% to 15-19% per year. 2. Interest rates fluctuate in week Following the State Bank of Viet Nam’s decision to increase the basic interest rate by 1% per annum (7%  8%) on November 11.  Commercial banks started paying depositors a higher rate of 12%~13% from the previous 11%.

3. 3 Market News Life insurance news 3. ABBank deal with Prevoir ABBank on 2010.11.12 in HCMC signed a business cooperation contract with Prevoir Vietnam to include Prevoir Vietnam's insurance products to ABBank's mortgage lending products. After that, ABBank's mortgage lending products for customers will be enclosed Prevoir Vietnam's life insurance products.

4. 4  Analysis of Product Sales  Performance Incentive Activity  Adjustment of Compensation Scheme  International Summit Contest  Planning project next month Project this Month

5. 5  Analysis of Product Sales  Performance Incentive Activity  Adjustment of Compensation Scheme  International Summit Contest  Planning project next month Project this Month

6. 6 NOP and Premium by Month Source ： 2010.11.15 main data  Average Premium is 6.0M in 2010.11 th working month.

7. 7 New Business by Products  C07 、 C08 、 C05 are our bestsellers until now. Source ： 2010.11.15 main data

8. 8  Analysis of Product Sales  Performance Incentive Activity  Adjustment of Compensation Scheme  International Summit Contest  Planning project next month Project this Month

9. 9 Performance Incentive Activity 1.Period: 2010.11 th ~12 th wkm(2010/10/7~2010/12/1) 2.Object: Agent 3.Reward of Lottery: PrizeReward 11 wkm12 wkm amount 1 st 24K golden Cathay tree badge22 2 nd 2 Million VND55 3 rd 1 Million VND20

10. 10 Performance Incentive Activity 4.Standard: PFP Standard of 1 policy Lottery Chance Group 1Group 2 6.0 M ≤ PFP <12.0 M4.0 M ≤ PFP <8.0 M1 12.0 M ≤ PFP <18.0 M8.0 M ≤ PFP <12.0 M3 18.0 M ≤ PFP <24.0 M12.0 M ≤ PFP <16.0 M5 24.0 M ≤ PFP16.0 M ≤ PFP7 Group1: Ho Chin Minh City, Ha Noi Group2: Da Nang, Can Tho, Dong Nai, Hai Phong

11. 11 Performance Incentive Activity 5.Lottery Chance Distribution of Branch Chance1357TotalRate HCMC10082026344% HN23153149347% Group 1331135175646% Da Nang102234340% Can Tho60333015562% Dong Nai52161110765% Hai Phong3417118960% Group 2156687539460% Total48781126115051%  2010.11 th working month Lottery has finished in 25/11/2010

12. 12 Performance Incentive Activity Congratulation!! The agents of Can Tho Dong Nai Win the 1 st prize.

13. 13  Analysis of Product Sales  Performance Incentive Activity  Adjustment of Compensation Scheme  International Summit Contest  Planning project next month Project this Month

14. 14 ◆ Adjustment of SAS↑ regulation ◆ New Agent Reward ◆ New SM Reward ◆ Cancel AS Level Abstract

15. 15 ◆ Adjustment of SAS↑ regulation ◆ New Agent Reward ◆ New SM Reward ◆ Cancel AS Level Abstract

16. 16 Adjustment of SAS ↑ regulation OLDNEW Attendance regulation If SAS↑ absent 7 days  demoted to IA. If EAS↑ absent 7 days  demoted to SAS. Attendance bonus SAS↑ has attendance bonus (0.15M) EAS↑ has attendance bonus (0.15M) SAS↑ regulation

17. 17 ◆ Adjustment of SAS↑ regulation ◆ New Agent Reward ◆ New SM Reward ◆ Cancel AS Level Abstract

18. 18 OLD Agent Reward LevelNew ComerRecruiter IA － In first 3 working months (once) SAS In first 6 working months (every wkm) PFYP 10.5M  Bonus 1M Accumulated PFYPBonus 2M0.3M 4M0.7M 6M1.2M PFYPBonus 3.5M ≦ PFYP<5.25M 1.0M …… 12.25M<PFYP2.5M New Agent Reward

19. 19 New Agent Reward LevelNew ComerRecruiter IA In first 3 wkms after taking office SAS In first 3 wkms after promotion EAS In first 3 wkms after promotion Accumulated PFYPBonus 5M ≦ PFYP 1.0M 10.5M ≦ PFYP 1.1M Accumulated PFYPBonus 10.5M ≦ PFYP 1.2M 15M ≦ PFYP 1.5M Accumulated PFYPBonus 15M ≦ PFYP 1.5M 24M ≦ PFYP 3.0M New comer Accumulated PFYP Bonus 5M ≦ PFYP 1.0M 10.5M ≦ PFYP 1.1M New comer Accumulated PFYP Bonus 10.5M ≦ PFYP 1.2M 15M ≦ PFYP 1.5M New comer Accumulated PFYP Bonus 24M ≦ PFYP 2.0M Note1: Reward standard is calculated by Personal PFYP. Note2: New comers is applicable in first two years. New Agent Reward

20. 20 ◆ Adjustment of SAS↑ regulation ◆ New Agent Reward ◆ New SM Reward ◆ Cancel AS Level Abstract

21. 21 New SM Reward PeriodOldNew H1 (1~6 wkms) H2 (7~13 wkms) Accumulated PFYP Bonus 20M ≦ PFYP ＜ 30M 3.2M 30M ≦ PFYP ＜ 40M 4.5M 40M ≦ PFYP ＜ 60M 6.0M 60M ≦ PFYP 8.0M 1. Old reward Cancel. 2. New reward is applicable from 2010.13 th working month. 3. SM who is still in old reward period  the rest months follow the new reward. PFYPBonus 30M ≦ PFYP ＜ 40M 3.0M 40M ≦ PFYP ＜ 50M 4.0M 50M ≦ PFYP ＜ 60M 5.0M 60M ≦ PFYP ＜ 80M 6.0M 80M ≦ PFYP 8.0M Accumulated PFYP Bonus 15M ≦ PFYP ＜ 20M 3M 20M ≦ PFYP ＜ 30M 4M 30M ≦ PFYP 5M PFYPBonus 20M ≦ PFYP ＜ 25M 2M 25M ≦ PFYP ＜ 35M 3M 35M ≦ PFYP ＜ 45M 4M 45M ≦ PFYP 5M New SM Reward

22. 22 Agency Career New Reward IA － SAS 3.5M EAS 5M Being an Agent ： ◆ full-time Agent with stable productivity (SEAS PFYP res.-quato ： 8M / wkm) New Agent Reward Push Agent promoted step by step Encourage promote to SM ： ◆ Train the Agency manager. SSM 7M ESM 20M SESM 28M New SM Reward Recruit and train excellent manager 11M 8M

23. 23 ◆ Adjustment of SAS↑ regulation ◆ New Agent Reward ◆ New SM Reward ◆ Cancel AS Level Abstract

24. 24 (1)Cancel the Agent Supervisor Level. (2)All reward and subsidy of AS will be settled in 2010.12 th working month. (3)AS will be promoted to SAS in 2010.13 th working month. Cancel AS Level

25. 25  Analysis of Product Sales  Performance Incentive Activity  Adjustment of Compensation Scheme  International Summit Contest  Planning project next month Project this Month

26. 26 International Summit Contest Competition Period: 2010.13 th to 2011.3 rd working month (2010.12.2~2011.3.23) Qualified Contestants Full-Time Agent (SAS↑) who signed in Agent contract. Reward Participating the International Summit Travel  Shanghai, China. Contest Standard a. Subordinate PFYP: 200M↑(including IA PFYP tracing). b. Personal PFYP: 100M↑. c. Accumulated PFYP’s rank must be placed in Top 6. d. Over the past 6 months, accumulated persistency of the 13 th month must reach 60% ↑ e. The contestant must reach 2010.12 th working month responsibility quota.  We will issue it immediately after the head company approve.

27. 27  Analysis of Product Sales  Performance Incentive Activity  Adjustment of Compensation Scheme  International Summit Contest  Planning project next month Project this Month

28. 28  New Product Launch  Performance Incentive Activity  Related work of New Agency Compensation System Planning Project Next Month

29. 29 Thank you Planning Division David Liu